Forum Post: Corporate Welfare: Chiquita Bananas gets $22.7 million welfare package from Charlotte NC
Posted 10 years ago on Dec. 2, 2011, 4:50 p.m. EST by Socrates469bc
from New York, NY
This content is user submitted and not an official statement
From: Cincinnati Enquirer
Chiquita Brands International Inc. decided to leave Cincinnati for many reasons, but the biggest one is undeniable: Money [ie. corporate welfare.]
Lured by the promise of big savings, better air service to Europe and Latin America and a more diverse workforce, Chiquita announced Tuesday that it plans to leave Cincinnati, site of its home office of 24 years, for Charlotte, N.C.
North Carolina offered a package of grants and tax incentives potentially worth $22.7 million over 11 years, enticing the relocation of the world's largest banana seller.